[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR590.410]



[Page 428]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 590_ANGOLA (UNITA) SANCTIONS REGULATIONS--Table of Contents

 

                        Subpart D_Interpretations

 

Sec. 590.410  Provision of services.



    (a) The prohibitions contained in Sec. 590.207 apply to services 

performed by U.S. persons, wherever located:

    (1) On behalf of or for the benefit of a person whose property is 

blocked pursuant to Sec. 590.207(a); or

    (2) With respect to property interests of a person whose property is 

blocked pursuant to Sec. 590.207(a).

    (b) Example. U.S. persons may not, without specific authorization 

from the Office of Foreign Assets Control, represent an individual or 

entity with respect to contract negotiations, contract performance, 

commercial arbitration, or other business dealings with persons whose 

property is blocked pursuant to Sec. 590.207(a). See Sec. 590.507 on 

licensing policy with regard to the provision of certain legal services.



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